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Bittrex Global's adoption of Circle's euro-backed stablecoin enables the exchange to bring EUROC/USDC liquidity to market
February 28, 2023 - Bittrex Global, a digital asset exchange, announced the integration of Euro Coin (EUROC), issued by fintech firm Circle.
Through this collaboration, Bittrex Global customers will be able to access the fully-reserved, euro-backed stablecoin that is available 24/7 and moves at internet speed. Bittrex Global will also have a no-fee promotion for customers transacting with USDC, USDC pairs and EUROC, which is scheduled to end on 28 August 2023.
Oliver Linch, CEO of Bittrex Global, said of the new listing of EUROC, "We are delighted to be providing an even better proposition to our customers when it comes to trading and investing with stablecoins. In addition to being able to trade on the world's most secure and regulated exchange, our customers can now enjoy no fees on these trades, at a time when stablecoins are proving to be a particularly attractive asset class."
"Expanding access to fully-backed digital assets like USDC and now Euro Coin offers Bittrex Global's customers a safer and regulated way to explore new opportunities for financial services made possible by globally accessible, always-on money," stated Joao Reginatto, Vice President of Product at Circle.
Michael Mouradian, Head of Digital Assets and Markets at Bittrex Global, added, "Circle has been at the centre of digital currency innovation for the last decade, transforming the way money moves. Many of the values it holds close — trust, transparency and stability — are reflected in our ethos at Bittrex Global. This integration enables investors to access and trade all USDC pairs, including EUROC, with no fees, giving them greater choice and better value."
